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The Retirement Crisis
Scott Thorpe
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The Retirement Crisis

really liked it 4.00  ·  Rating Details  ·  1 Rating  ·  1 Review
Every day for the next twenty years, 10,000 baby boomers will retire. Paying for the boomers retirement will cost an additional 10% of GDP, the equivalent our current spending on the military, public education, and all colleges and universities. This is an enormous sum, but most boomers have not saved enough to support themselves. Instead they are depending on governments ...more
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Published May 30th 2011 by Scott Thorpe, via Smashwords (first published May 7th 2011)
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Senake Atureliya
Jun 07, 2013 Senake Atureliya rated it really liked it
So all of this quantative easing may be the government's way to use inflation to reduce the burden of pension funding...

An interesting read.
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